MoMA/P.S. 1 has announced the finalists of the 2012 Young Architects Program. The winning team, which will be announced in February, will have the chance to makeover the museum’s courtyard into a space for the annual Warm Up summer concerts and dance parties. The program has served as a launching pad for younger firms and as a testing ground for new formal and programmatic strategies. This year’s entry by Interboro Partners, called Holding Pattern, stressed community engagement, as all the elements of the installation were repurposed by neighboring non-profits. The 2002 finalists are: AEDS Ammar Eloueini Digit-all Studio, Ammar Eloueini, principal, of Paris and New Orleans, LA; Hollwich Kushner, Matthias Hollwich and Marc Kushner, principals, of New York; I|K Studio, Mariana Ibañez and Simon Kim, principals, of Cambridge, MA; UrbanLab, Martin Felsen and Sarah Dunn, principals, of Chicago; and Cameron Wu of Cambridge, MA.